Netflix Shares Hit $200, Pushing Market Value Past $10.4 Billion

Netflix Inc., the online and DVD film rental service, rose to $200 today in Nasdaq Stock Market trading, pushing the value of the company to more than $10.4 billion.

By reaching that level, shares of the Los Gatos, California-based company join a list of 16 U.S. companies with a market value above $1 billion that trade at $200 or more, including Berkshire Hathaway Inc. and Google Inc.

Netflix Inc., the online and DVD film rental service, rose to $200 today in Nasdaq Stock Market trading, pushing the value of the company to more than $10.4 billion.By reaching that level, shares of the Los Gatos, California-based company join a list of 16 U.S. companies...